Emaar · Dubai Hills Estate · Escrow Account
Greencrest at Dubai Hills Estate Escrow Account
Protected Long Before the Tower Takes Shape
The official DLD-registered escrow account details for Emaar's Greencrest tower, checked against Dubai Land Department records, so every installment you send across the next three years of construction lands exactly where the law can protect it.
Direct advisor access. Every message answered personally, never by a call center.
Official Account Details
Greencrest Escrow Account at a Glance
Greencrest is at the very start of its build, and that is precisely when the escrow account carries the most weight. Every dirham paid toward an apartment here enters one project account at Mashreq Bank supervised by the Dubai Land Department, not the developer's own treasury. These are the registered details as recorded in Dubai REST, and my advice to buyers is blunt: save the account number below, because on a project with three years of installments still ahead of it, this is the one control that keeps working when something else in a transaction goes wrong.
Masked for security. Tap Show to reveal the full number, or Copy to copy it directly. Last checked against Dubai REST after the 7 May 2026 inspection.
Mashreq Bank PSC
4136
Active
Emaar, DLD-registered as Dubai Hills Estate L.L.C
984
10 October 2025
22 November 2025
195
No. 5425, Hadaeq Sheikh Mohammed Bin Rashid
Freehold, all nationalities
Re-confirm this account number in Dubai REST or against your Sales and Purchase Agreement before every transfer, not just the first one. A long payment schedule is what payment-diversion fraud feeds on: the later installments arrive by email, months apart, when the original paperwork is no longer in front of you, and the escrow number is the detail an attacker has to fake.
Rule one: no payment ever goes to any account other than 0190*****659 (tap Show above for the full number), regardless of who requests it or how official the request looks.
Where the Project Stands
Registration and Escrow Status
Greencrest was registered with the Dubai Land Department on 10 October 2025 under project number 4136, and its escrow account at Mashreq Bank was opened as a condition of that registration, weeks before Emaar could collect a booking deposit from anyone. Construction on site began on 22 November 2025. That sequence is the whole answer to the question an early-stage buyer is actually asking: the money went into a supervised account first, and the building started second.
The DLD inspection dated 7 May 2026 certified construction progress at 1.2 percent, unchanged from the previous inspection, with the works recorded at the enabling stage. My read is that a flat reading between two inspections is not the warning sign it looks like at first glance: certified progress is weighted toward structure and finishes, so piling, excavation and site enabling can run for months while the percentage barely moves. What it does mean is that almost the entire purchase price still sits ahead of you. For an end user that makes escrow the difference between a deposit and a commitment; for an investor it means capital protection matters more here than release discipline does, because there is very little for the developer to draw down against yet.
Looking for the site-by-site detail behind that figure? Inspection results, milestone history, and the works recorded at each visit live on the Greencrest construction updates page.
Do It Yourself in 2 Minutes
Verify Greencrest's Escrow Account Independently
Do not take this page's word for it, and do not take anyone else's either. The whole point of the escrow system is that you can verify it yourself:
Open Dubai REST
In the Dubai REST app, go to Services, then Project Status.
Find the Project
Search project number 4136 or "Greencrest".
Match the Details
Open the Escrow Account panel and match the bank and account number against this page and your SPA before every transfer.
I verify these details against Dubai REST before publishing and after each new inspection. If anything on this page ever differs from what you see in the app, trust the app and tell me.
Before You Transfer
- Match the account number on your payment instruction to the Escrow Account panel in Dubai REST.
- Match the same number to the escrow details in your Sales and Purchase Agreement.
- Confirm the amount and the construction milestone it corresponds to.
- If anything differs, even by one digit, stop and message me before sending.
Your Money, Step by Step
How Greencrest's Payment Plan Meets the Escrow Account
Greencrest sells on an 80/20 plan: 10 percent on booking, 70 percent across seven installments during construction, and the closing 20 percent on completion. Your installment dates are fixed in your Sales and Purchase Agreement, but here is the part a payment schedule never spells out. Emaar cannot simply withdraw those funds as they arrive. The bank releases money against construction progress certified by DLD inspections, like the one recorded on 7 May 2026, which is why a 1.2 percent certified reading also tells you how little of your money has left the account.
Booking and SPA: 10%
Your deposit enters account 0190*****659 once your unit is registered under Oqood. The 4 percent registration fee quoted alongside it is a Dubai Land Department charge paid at registration, not an escrow installment.
Construction Installments: 70%
Seven instalments of 10 percent run from March 2026 to August 2028. The first three are scheduled by date in March 2026, August 2026, and January 2027. The remaining four are linked to estimated construction milestones at 30%, 50%, 70%, and 90% completion. Buyer funds enter the project escrow account, with withdrawals governed by Dubai's escrow and project-progress controls.
Completion: 20%
The closing payment falls due against 100 percent construction completion in June 2029. A retention portion also stays in escrow after completion to cover defect repairs.
That post-completion retention is the layer most buyers never hear about. It is held back after the keys change hands, which gives the developer a financial reason to close out defects rather than argue about them, and it is worth knowing exists three years before you need it.
Because Greencrest's escrow account was live before sales opened, every buyer payment since launch has passed through DLD supervision rather than going straight to the developer. With certified progress at 1.2 percent, the overwhelming majority of the money committed to this project is still sitting behind that supervision rather than spent, which is a very different position from buying into a tower that is already topped out. For how DLD regulates off-plan projects and protects buyers across the market, read the Dubai Land Department guide.
Insights
Project Insights for Greencrest Buyers
Escrow protection is one thread of a well-run Greencrest purchase, and it reads best alongside the other two an early-stage buyer needs: what the DLD inspections are certifying on site as the tower goes up, and whether the layout you are buying clears the Golden Visa threshold. These guides carry each of those.
Greencrest Construction Updates
Track the DLD inspections behind every escrow release, including the 7 May 2026 report certifying 1.2 percent.
Greencrest at Dubai Hills Estate Construction Updates
Greencrest Golden Visa Guide
One bedroom apartments start below the AED 2 million threshold while two and three bedroom layouts clear it: see what qualifies.
Greencrest at Dubai Hills Estate Golden Visa GuideGreencrest Escrow Account
This page: the Mashreq Bank escrow details, verification steps, and how Greencrest payments stay protected.
The Project
Explore the Greencrest at Dubai Hills Estate Project
The account on this page protects payments toward one specific asset, and the quality of that asset is the other half of the decision. The full Greencrest guide covers what your protected installments are actually buying: layouts, sizes, pricing, amenities, and the position of the plot inside the community.
Greencrest at Dubai Hills Estate Project Guide
Prices from AED 1.57M (approx USD 428,000), one, two and three bedroom apartments, the 20 storey Block A and low rise Block B, amenities, payment plan, and the full investment case for the 195 residences your escrow payments are building.
View the Greencrest Project GuideStructure
Explore Dubai Hills Estate Structure
Greencrest's escrow account protects your payments into a single plot of a 2,700 acre master community that has been delivering homes since 2018. Reading the neighbourhood, the competing stock and the developer behind them is how you judge what your protected money is buying into.
Dubai Hills Estate Properties for Sale
Compare Greencrest against everything else trading in the community: apartments, townhouses, villas, prices and payment plans side by side.
Dubai Hills Estate Properties for Sale
Dubai Hills Estate Master Community
The golf club, the central park, Dubai Hills Mall, the schools and the hospitals that already trade around the plot.
Dubai Hills Estate Community Guide
Emaar Developer Profile
The delivery record, master communities and landmark projects behind the developer that will receive Greencrest's escrow releases.
Emaar Properties Developer ProfileFAQs
Greencrest at Dubai Hills Estate Escrow Account Frequently Asked Questions
Mashreq Bank PSC holds the escrow account for Greencrest, account number 0190*****659 (shown in full in the Escrow Details section above), opened under DLD project number 4136 when the project was registered in October 2025.
Greencrest sells on an 80/20 plan, so the booking deposit of 10 percent and the seven construction installments of 10 percent each land in the escrow account first. The bank releases funds to Emaar only against construction stages certified by DLD inspections, and the closing 20 percent falls due on completion in June 2029.
The DLD inspection dated 7 May 2026 certified 1.2 percent completion, unchanged from the previous inspection, with the works recorded at the enabling stage. Construction started on 22 November 2025 and handover is expected in Q2 2029. Inspection detail is tracked on the Greencrest construction updates page.
No. The 4 percent registration fee is a Dubai Land Department charge payable at registration and sits outside the project escrow account, which holds the purchase price installments. Only the amounts listed as payment plan installments in the Sales and Purchase Agreement are paid into the escrow account.
Yes, the protection continues. Funds stay in the escrow account and continue to be released only against certified progress, regardless of the calendar. Escrow protects the capital while the project completes, though it does not itself compensate for delays; those terms sit in the Sales and Purchase Agreement.
No. Every off-plan payment for Greencrest must go into the DLD-registered escrow account 0190*****659 at Mashreq Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. Any request to send funds to a personal account, an agent's account, or an alternative company account, especially one paired with a discount for paying directly, is the classic pattern of payment fraud, no matter how official the paperwork looks. Any such request should be checked against the escrow account registered in Dubai REST and the details in the Sales and Purchase Agreement before any funds are sent.
If the Dubai Land Department cancels a registered project, RERA takes control of the escrow account and buyer refunds are processed from the protected funds under DLD supervision. This is exactly why paying only into the registered account matters: money sent anywhere else sits outside that protection. The wider framework is explained in the Dubai Land Department guide.
Yes, Greencrest at Dubai Hills Estate is a freehold project, open to all nationalities.
The property investment threshold for the 10-year Golden Visa is AED 2 million (approx USD 545,000). One bedroom apartments at Greencrest start from AED 1.57 million (approx USD 428,000), which sits below that threshold, while two bedroom apartments start from AED 2.60 million (approx USD 708,000) and clear it. The full requirements and application timing are covered in the Greencrest Golden Visa guide.
Your Advisor
Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is making sure your money lands where the law protects it. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.
Ask your question, get your answer. No obligation and no follow-up unless you ask for it.